How to Buy Asbury Automotive Group Stock
Asbury Automotive Group Inc
Asbury Automotive Group is a auto & truck dealership company located in Georgia, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker ABG on the NYSE exchange.
Asbury Automotive Group stock last closed at $208.45, down 1.04% from the previous day, and has increased 6.31% in one year. It has overperformed other stocks in the Auto & Truck Dealerships industry by 0.28 percentage points. Asbury Automotive Group stock is currently +16.85% from its 52-week low of $178.40, and -18.7% from its 52-week high of $256.39.
There are currently 20.17M shares of ABG outstanding. The market capitalization of ABG is $4.20B. In the past 24 hours, 208,876 ABG shares were traded.
How to Buy Asbury Automotive Group Stock
Wondering how to invest in Asbury Automotive Group stock? Here's how.
- Decide where to buy Asbury Automotive Group stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Asbury Automotive Group stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Pick your payment method and add your information.
- Analyze Asbury Automotive Group stock: The Asbury Automotive Group ticker symbol is ABG. Is Asbury Automotive Group stock a good investment? Should you buy shares of ABG? How do ABG's underlying business fundamentals look? Do top analysts think Asbury Automotive Group is a good buy? Why has ABG's stock price moved recently? (Hint: Our stock research website can help you evaluate if ABG is a good stock to buy).
- Execute your ABG trade: Decide if you will purchase ABG shares at the current market price or use a limit order to purchase ABG stock at a particular price.
- Get the latest scoop on your ABG investment: Create a watchlist to key updates about your new investment in Asbury Automotive Group stock.
Step 1: Decide where to buy Asbury Automotive Group stock
You need an online brokerage account to access the NYSE market and buy ABG stock.
Our recommended brokerage: eToro
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Get $10 towards your share purchase by creating an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the best brokerage, you need to fill out some personal details so you can buy ABG stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to start a new trading account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've finished signing up on the best app for stock investing, your next step is to transfer the money for your investment:
Check out the tutorial below for more details transferring money into your brokerage account.
Step 4: Analyze Asbury Automotive Group stock
After you have identified the best place to buy Asbury Automotive Group stock, it's important to evaluate their stock before you buy, so you can wrap your head around the risk as well as the opportunity.
Asbury Automotive Group shares data
ABG Fundamentals
WallStreetZen was built to help average investors do more accurate fundamental analysis.
You can see all of the due diligence checks on ABG's stock page.
Is ABG stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge ABG's fair value.
Using relative valuations measures:
- ABG could be undervalued based on its P/E ratio of 7.53x, relative to Auto & Truck Dealerships industry P/E ratio of 13.73x
- ABG could be undervalued based on its P/B ratio of 1.26x, relative to Auto & Truck Dealerships industry P/B ratio of 2.5x
- ABG could be undervalued based on its PEG ratio of 0.69x
You can do more valuation research on ABG's stock here.
How do ABG Financials look?
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the ABG balance sheet.
- Total ABG debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
- There are more long-term liabilities than short-term assets on the ABG balance sheet.
- ABG has a relatively high debt to equity ratio of 2.03.
- ABG profit margin has gone down from 6.2% to 3.7% in the past year.
- ABG's operating cash flow of $318.40M allows it to safely service it's debt of $5.12B.
- ABG earnings of $953.30M is not enough to cover its interest payments.
Do analysts think it's a good time to buy Asbury Automotive Group stock
Out of 2 Equities analysts who research ABG, the consensus analyst rating on Asbury Automotive Group is a Buy
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Asbury Automotive Group stock forecast page.
ABG Technical Indicators
ABG Revenue
Last year, ABG earnings were $568.20M. During the past 5 year, ABG's earnings have gone up by 26.49% per year. This was faster than the Auto & Truck Dealerships industry average of 10.94%.
Last year, ABG revenue was $15.42B. During the last five year, ABG's revenue has increased by 17.33% per year. This was slower than the Auto & Truck Dealerships industry average of 19.45%.
Learn more about ABG's earnings and revenue performance here.
What are ABG executives and large shareholders up to?
In the last 12 months, insiders at ABG have sold more shares than they have bought.
Jed Milstein, SVP CHRO of ABG, was the latest ABG insider to sell. They sold $826,595.00 worth of ABG shares on Mar 12, 2024.
Get more info about who owns ABG shares here.
Can I get consistent income from ABG stock?
No, Asbury Automotive Group doesn't provide an income stream by paying out dividends.
What do other investors have to say about ABG?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Execute your ABG trade
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually fine. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount limit, place a limit order.
Click the Open button and eToro will execute your order.
If you require additional help with investing in stocks on eToro, click the how to video below:
Step 6: Get the latest scoop on your ABG investment
Now that you own some shares in ABG, you'll want to keep up with your shares.
Put ABG on a watchlist to get the latest updates about your ABG stock.
ABG Feed
How to Buy Stock in Asbury Automotive Group
To summarize, here are the 6 steps to buy Asbury Automotive Group stock:
- Decide where to buy Asbury Automotive Group stock
- Open your brokerage account
- Fund your brokerage account
- Analyze Asbury Automotive Group stock
- Execute your ABG trade
- Get the latest scoop on your ABG investment
If you require a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to monitor your new investment in Asbury Automotive Group, add ABG to your watchlist below.
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